Keep pulling the thread on Bloomberg Surveillance.
In Q1, the US tech sector had a close to 100% EPS beat rate and provided strong forward guidance.
Net interest payments for non-financial corporates in the US have fallen to a 20-year low despite the Federal Reserve raising rates from 0% to 5.5%.
Angelo Zino predicts that hyperscaler CapEx growth will normalize to a 25% to 30% annual rate in 2027 and 2028.
Anthropic is on track to reach a $50 billion annual revenue run rate by June, with its growth currently limited only by compute availability.
Angelo Zino believes Anthropic has been the clear winner against OpenAI in the enterprise AI market over the last two to three quarters.
Mike Wirth predicts that June and July will be critical months for global oil inventories as they are being steadily drawn down.
The U.S. Treasury Department sanctioned the new authority established to oversee transit through the Strait of Hormuz.
The closure of the Strait of Hormuz has cut off 20% of the world's energy production for nearly 100 days, removing one billion barrels from the market.
Multiple unreported attacks have occurred on vessels transiting near the Strait of Hormuz.
The telecommunications sector currently has the worst earnings beat rate, which is equivalent to the S&P 500's average beat rate during the 2010s.
Recent spikes in the MOVE index, a measure of bond market volatility, reached only about 80, compared to previous highs of 130, 140, or even 180.
Almost two-thirds of the debt held by S&P 500 companies is set to expire after 2030.